Two sentenced after Telecoin crypto scam ended by ‘Operation Curry’
Ross Jay and Michael Freckleton lured investors with talk of a lucrative crypto market but stole £500k using the fictitious Telecoin token.
Results for Crypto, UK
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Drug gang used Coinbase to launder crypto from prison
The 12-strong drug gang was sentenced at Cardiff Crown Court for selling 40kg of cocaine as well as ecstasy and other class-A drugs.
Worldcoin eyed by UK data watchdog day after launch avoided US
Sam Altman's dodgy crypto project Worldcoin is about to get probed in the UK, just days after launching in 20 countries -- but not in the US.
IT guy jailed for ‘piggybacking’ $390k bitcoin blackmail plot
Ashley Liles was supposed to investigate a 2018 data breach but instead switched the blackmailer's bitcoin wallet address with his own.
— Crypto, Regulation
Former Tory MP blasted for crypto lobbying side-hustle
A former Boris Johnson campaign manager who chairs the UK's higher education regulator is being questioned over his role in crypto lobbying.
Neo-Nazi Satanist who hid crypto from police guilty of new sex crimes
Neo-Nazi student Harry Vaughan kept details of his crypto account hidden after he was handed a two-year suspended sentence.
New crypto traders need ‘cooling-off’ period rules UK watchdog
Under new rules from the FCA, crypto firms will also be required to warn traders that they won't be protected "if something goes wrong."
— Crypto, Regulation
UK has just 18 months to become global crypto leader, parliament report urges
The UK's cross-party parliament group for crypto and digital assets has concluded that government needs to act fast or risk falling behind.
UK lobbyists slam gov’t report, deny crypto is like gambling
The report says that regulating UK crypto as a financial service rather than gambling may lead consumers to believe it's safe when it's not.
UK police department confiscates over $6M from crypto drug dealer
42-year-old Simon Barclay was sentenced to nine years in prison for running a million-dollar drugs empire on the dark web.